ICICI Prudential Life Insurance Job Openings 2022

Be a part of ICICI Prudential Life Insurance Company Limited

As one of the leading life insurance companies in India, we, at ICICI Prudential Life Insurance, offer you various opportunities across different roles and domains. We also help you pursue a career that brings growth and satisfaction.

You can be a part of ICICI Prudential Life Insurance family in one of the two ways – join us as an employee or as an advisor. As our employee, you will have the chance to learn from the best in the industry and propel your career forward. As our advisor, you will have the potential to earn unlimited income and work on flexible terms according to your convenience.

Either way, at ICICI Prudential Life Insurance, we assure you a supportive work environment that will help you excel. Through training, seminars, guidance and a compensation that your efforts deserve, we drive you to your professional and financial goals.

If you wish to take a step forward in your career, click on the links above and discover a host of opportunities once you join us as an employee or as an advisor.

Roles With Us 

We are looking for achievers with a passion for customer acquisition and customer service.

As a life insurance sales professional, you will be responsible for offering customers right advice to plan their protection, investment and long-term financial savings to customers. We are looking for high energy, achievement-oriented, self-confident individuals who are willing to take on aspirational targets to script their career success. Prior experience in life insurance is not significant for success in this role.

We have openings in our various sales & distribution channels across over 500 locations in India.

Criteria To Apply:

  • Graduation of any stream; experienced professionals with outstanding track record, but those who have not completed graduation may also apply
  • Fresh graduates and experienced candidates may apply
  • Minimum age: 20 years
  • Experience in customer facing roles in any industry preferred; prior experience in life insurance industry is not required

Those with prior work experience would be placed at the appropriate level based on their experience and capability.

Agency :

Entry level roles designated Unit Manager / Development Manager

  • Support allocated advisors through training and joint sales calls
  • Identify and meet new customers, provide them need-based life insurance solutions
  • Identify, recruit and train advisors
  • Adhere to sales processes & expected documentation, use sales technology as required
  • Support advisors in collecting renewal premiums
  • Ensure quality business through the right sales practices, minimise business risk

Bancassurance:

Entry level roles designated Financial Services Consultant / Associate Financial Services Manager

Build working relationships with staff of banking partner through training and sales support

Assist bank staff to acquire new customers and help provide customers need-based life insurance solutions

Adhere to sales processes & expected documentation, use sales technology as required

Support bank staff collect renewal premiums from customers

Ensure quality business through the right sales practices, minimise business risk

Direct Marketing: 

 

Entry level roles designated Financial Services Consultant / Associate Financial Services Manager

  • Meet customers through pre-fixed leads and appointments and provide them need-based life insurance solutions
  • Directly acquire new customers and upsell to existing customers
  • Adhere to sales processes and expected documentation, use sales technology as required
  • Collect renewal premiums from existing customers
  • Ensure quality business through the right sales practices, minimise business risk

Customer Service & Operations:

Entry level roles designated Associate

Interact with walk-in customers and resolve their queries, requests and complaints

Proactively service customers through value-added services

Upsell to existing customers

Smoothly execute all operational processes within TAT and efficiency metrics

Collect renewal premiums from existing customers

Ensure quality of existing and new business, minimise business risk

JOB TITLE

Frontline Sales-PSF-Bihar

  •  0 – 3 Yrs 
  •  Begusarai, Bhagalpur, Gaya, Patna 
  •  FINANCIAL SERVICES CONSULTANT

Job Description

 

  • Understand customer needs and recommend suitable life insurance products to them
  • Acquire new clients with the help of leads provided by the company and generate quality business revenue
  • Actively cross sell / up sell products to the company’s existing customers by identifying the customer needs
  • Provide service to existing customers, solve their queries and concerns and ensure the quality of business is maintained consistently
  • Generate fresh leads through cold calling and devise new ways of widening customer base for revenue generation opportunities
  • Accept authority of application, complaints of the customers and responsible to take it forward with concerned team.
  • Exercise due diligence at to prevent unauthorized/ fraudulent transactions

JOB TITLE

Frontline Sales-Partnership Distrubution-Bihar

  •  0 – 3 Yrs 
  •  Begusarai, Darbhanga, Gaya, Muzaffarpur, Patna, Saran (Chapra ), Siwan, Vaishali (Hajipur) 
  •  FINANCIAL SERVICES CONSULTANT

Job Description

 

  • Understand customer needs and recommend suitable life insurance products to them
  • Acquire new clients with the help of leads provided by the company and generate quality business revenue
  • Actively cross sell / up sell products to the company’s existing customers by identifying the customer needs
  • Provide service to existing customers, solve their queries and concerns and ensure the quality of business is maintained consistently
  • Generate fresh leads through cold calling and devise new ways of widening customer base for revenue generation opportunities
  • Accept authority of application, complaints of the customers and responsible to take it forward with concerned team.
  • Exercise due diligence at to prevent unauthorized/ fraudulent transactions

JOB TITLE

Frontline Sales-Bancassurance-Bihar

  •  0 – 3 Yrs 
  •  Ara, Aurangabad, Begusarai, Bhagalpur, Buxar, Darbhanga, Dehri, Gaya, Madhubani, Muzaffarpur, Nawada, Patna, Saharsa, Saran (Chapra ), Sitamari, Siwan, West Champaran 
  •  FINANCIAL SERVICES CONSULTANT

Job Description

 

  • Liaise with bank’s branch staff and build effective relationships to maximize the business opportunity
  • Provide knowledge about the insurance products and support bank’s branch staff through training to enable them to generate new business, understand customer needs and recommend suitable life insurance products to customers
  • Provide training to the bank branch staff to equip them to sell insurance products to customers and assist them in revenue generation
  • Provide guidance to the bank’s branch staff in servicing existing customers, solve their queries and concerns and ensure the quality of business is maintained consistently
  • Enable business procured through bank’s branch staff is aligned to business quality metrics
  • Exercise due diligence to prevent unauthorized/ fraudulent transactions

JOB TITLE

Frontline Sales-Agency-Bihar

  •  0 – 3 Yrs 
  •  Ara, Aurangabad, Begusarai, Bhagalpur, Buxar, Darbhanga, Dehri, East Champaran, Gaya, Jehanabad, Katihar, Madhubani, Munger, Muzaffarpur, Nalanda, Nawada, Patna, Purnia, Saharsa, Samastipur, Saran (Chapra ), Sitamari, Siwan, Vaishali (Hajipur), West Champaran
  • UNIT MANAGER

Job Description

We are looking for young, high energy individuals with a passion for sales and for achieving aspirational targets. This is a sales role for our Agency business.

 

Key responsibilities:

 

  • Identify & recruit right quality advisors to build a strong advisor base
  • Provide training on products, business processes and selling techniques continuously 
  • Provide assistance to advisors in lead generation, prospecting and business development
  • Ensure that advisors provide right financial solutions to customers as per need analysis and they adhere to required business processes and norms
  • Achieve the business target each month for generating new business and advisor recruitment
  • Ensure the selling through team of advisors is aligned to all business quality metrics
  • Be the first point of contact for the customer to authenticate the concerns raised and validate with authorities 
  • Exercise due diligence at first level to prevent unauthorized/ fraudulent transactions
  • Candidates who are willing to be mobile and work across locations will be preferred.

Minimum requirements:

  • Graduate freshers or candidates with experience of 0 – 2 years
  • Experience in customer facing roles in any industry; prior experience in life insurance industry is not mandatory

JOB TITLE

Unit Sales Manager – Odisha

  •  0 – 8 Yrs 
  •  Khurda, Sambalpur 
  •  UNIT MANAGER

Job Description

We are looking for young, high energy individuals with a passion for sales and for achieving aspirational targets. 

 

Key Accountability:

  •    Travelling daily to go on sales calls to meet with customers and sell various financial solutions to them
  •     Achieve the business target each month for generating new business
  •    Be the first point of contact for the customer to authenticate the concerns raised and validate with authorities 
  •    Exercise due diligence at first level to prevent unauthorized/ fraudulent transactions

Education and experience: 

Graduates/ Post Graduates with 0-8 years of experience in any domain

Compensation:

  •    Fixed compensation for 0-1 year experience – Rs. 2.15 lakhs to 2.65 lakhs per annum (basis location of job posting)
  •    Compensation for 1+ years’ experience – Basis experience and location of job posting
  •    Additional incentives basis target achievement

Why join ICICI Prudential Life Insurance?

  • Shapes you to be best-in-class sales professional
  • Build long-term relationships with customers
  • Increase your earning capability with monthly/quarterly/ yearly incentives
  • Enjoy employee supportive policies 

JOB TITLE

Manager- II – Credit Life West SC

  •  1 – 3 Yrs 
  •  Bangalore Urban, Chennai, Hyderabad, Kolkatta, Mumbai, New Delhi, Pune 
  •  Manager-II

Job Description

·        Maintaining key accounts of large NBFC corporates to drive sales with an objective to increase market share and profitability

·         Assisting smooth onboarding of new partners

·        Expanding relationship with the partner by acquiring new business lines to increase market share

·        Responsible for directly driving branch wise premium generation across varied geographies for partners

·        Keeping a track record of total number of logins and number of cases disbursed along with attachment percentage on month on month basis

·        Giving solutions and drive more business across locations and suggest ways to increase business at the ground level

·        Escalation handling by resolving queries raised by partners and ensuring a prompt response

·         Competition mapping with the objective of getting field competitive information on product pricing of various LI and GI competitors for NBFCs and HFCs partners

·        Driving initiatives for TAT to be maintained for Claims processing

 

Actively cross sell/upsell with existing customers by continuously proposing solutions that meet their objectives

 

JOB TITLE

Sr Manager Compliance Mumbai

  •  3 – 7 Yrs 
  •  Mumbai 
  •  Sr. Manager- II

Job Description

 

Purpose / key objective of role:

 

The role requires the employee to execute the tasks allotted by the reporting manager(s), in relation to the following compliance areas:

 

  Regulatory updates and implementation- 

Review regulatory updates and regular tracking and implementation of any regulatory requirements and any other compliance matters.

 

  Advisory role with respect to processes

Providing advisories to stakeholder on various regulatory aspects. Engage with partners and stakeholders to enable compliance related onboarding and servicing processes.  

 

Agreement review- 

Review intermediary and service partner agreements. 

 

  Regulatory Monitoring and reporting- 

Ensuring monitoring and risk mitigation along with timely analysis and regulatory reporting. Relook at existing processes and evaluate/implement automation to reduce people dependency and errors. Ensure record keeping of Compliance departmental records in line with regulatory requirements. 

 Regulatory engagement

Engaging with regulators through representations, draft responses and notes on various compliance matters. 

Management engagement

Engaging with management on certain requirements and escalations, preparing presentations etc.